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Four senior executives at top European buyout firms CVC Capital Partners and Montagu Private Equity are the latest to contribute to the high turnover of experienced industry staff.

Hugh Briggs, a managing director in CVC’s financing team, is retiring at the end of the year after eight years with the firm.

Meanwhile three executives are in the process of departing UK-headquartered buyout firm Montagu Private Equity, according to a source close to the firm.

CVC’s Briggs said: “I have loved working with CVC and have had a huge amount of fun. I wish the firm every continued success.”

CVC declined to comment.

Briggs began his career as an accountant with PricewaterhouseCoopers before joining the leveraged finance team at Credit Suisse First Boston in 1994. In 1997, he moved to the leveraged finance team of Citigroup and in 2000 he left to join DB Capital, Deutsche Bank’s in-house private equity fund whose management spun itself out as MidOcean Partners in 2003.

CVC reorganised its financing team – which focuses on securing debt financing for deals – in April, naming Kenneth Young as head of the team while bringing in former Goldman Sachs vice-president Phil Robertson as a director.

The firm is planning to launch a fund, roughly the same size as its previous €10.75bn vehicle, in the new year.

Von Raussendorff, investment manager in Montagu’s Germany team, had been at the firm for a decade, prior to which he had spells at UBS Capital and Dresdner Kleinwort Wasserstein. Rasmussen and Sjögren were investment directors focused on Nordic deal opportunities.

A number of teams at Europe’s largest private equity firms have experienced significant staff turnover during 2012.

In March Charterhouse Capital Partners told investors that managing partner Gordon Bonnyman, who has led the firm since its spin-out from HSBC in 2001, would take a back seat in future fundraisings, according to two people familiar of the situation.

Last month CVC said Adrian MacKenzie, its head of Australia and New Zealand, would leave at year end. In March it was revealed that Advent International managing partner John Singer would be moving into a part-time role while the former head of the Japan Office, Rory Pope, would be departing the firm.

At Lion Capital, three executives are in the process of leaving the firm. Operating Partners George Sewell and Ken Smialek are departing by mutual consent and co-founder Neil Richardson is set to retire by the end of next year.